Curious on Blind’s thoughts on a reasonable or comfortable income for owning a home. In SV it seems 1.2mm is the minimum for a single family residence. If you can achieve 300-400K liquid TC with no other signficant expenses, is that doable? what do you all think?
Permission granted.
A lender would have no problem with that. If you are willing to make it a priority then for sure.
You could. It's called being house poor, so not sure why you works want to.
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You need down payment, property tax and emergency savings on top. Oh btw, with 1.2M, you will have to fix things, so add another 100k or so for that.